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Panacea Biotec on Tie Up With Apotex

  • 15:08
  • Published On: December 18, 2014
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Dr Rajesh Jain, joint managing director at Panacea Biotec, tells NDTV that the company has received a $25 million upfront payment for the supply of two delivery-based generic products. After commercialisation of the drugs, there will be a profit sharing ratio of 50:50 between Panacea Biotech and Canada's Apotex.
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